Marine propulsion and engineering specialist ABB has secured an order of around $150m to deliver a comprehensive scope of technologies.
The order is to power next-generation cruise ships being built by Italian shipbuilder Fincantieri.
Strengthening its preferred supplier...
Senior executives from leading publicly listed dry bulk and container shipping companies will discuss trends, developments and outlook of the global commodities.
The panels will take place at Capital Link’s 15th Annual International Shipping Forum.
It will be...
Safe Bulkers, Inc., pursues its fleet renewal and deleveraging strategy, says a press release published on their website.
The two agreements
Safe Bulkers, Inc., an international provider of marine dry bulk transportation services, announced that in relation to its fleet renewal...
Global Ship Lease, Inc. (NYSE:GSL) (the “Company”), a leading independent owner of containerships, announced today that its Corporate Family Rating has been upgraded to B2 / Positive from B3 / Positive by Moody’s Investor Service (“Moody’s”), reports Global Ship...
Maersk plumps for rail transportation in Bulgaria.
A.P. Moller - Maersk offers cargo block train services in both directions -import and export- from Burgas port to Plovdiv.
As the global integrator of container logistics- A.P. Moller - Maersk plumps...
On November 3, the liquefied natural gas (LNG) carrier Diamond Gas Metropolis, owned by NYK and the Mitsubishi Corporation (MC), was delivered. The vessel was built at Hyundai Samho Heavy Industries.
The NYK Group will be responsible for ship management,...
The impact of the Covid-19 pandemic and a slump in shipbuilding contracting resulted in Wartsila’s marine businesses.
As a result, there is a 23% decline in new orders in 2020 across the three business segments it operates in.
...
TR Lady Shipping, a portfolio company of Tufton Investment Management, has inked an agreement with Anemoi Marine Technologies.
The main purpose of the agreement is to install rotor sails on an 82,000DWT Kamsarmax bulker.
Rotor Sails, also known...
Danaos Corporation entered into agreements for 10 of its vessels.
The vessels include one 8,500 TEU vessel, three 3,400 TEU vessels and six 2,200 vessels.
Danaos Corporation announced that it has entered into new charter agreements for 10 of...
World equity benchmarks reversed course after hitting a five-month peak.
MSCI’s gauge of stocks across the globe briefly touched its highest level since February before ending down 0.29%.
Dow Jones Industrial Average rose 10.5 points, or 0.04%, to...
